Brazilian President Jair Bolsonaro is considering a reduction of workers‘ rights. „What I’m trying to offer the worker is this: less rights and jobs or all rights and unemployment,“ Bolsonara told reporters yesterday (local time) in Brasilia.
The big emerging market is in a serious economic crisis. The government and the central bank recently lowered their forecasts for growth in the current year to 0.8 percent. In order to get the economy back on track, Bolsonaro aims to relieve the burden on companies.
Fund in the sights
In concrete terms, it aims for a fund in which employers have to participate. Employees can use it to work under certain circumstances, such as job loss or serious health problems. If an employer fires an employee for no good reason, he is required to pay up to 40 percent of the total amount paid.
In addition, since 2001 companies have had to pay a 10% tax to the state. The value is not carved in stone „and is not in the Constitution,“ said Bolsonaro now